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Property for sale in Singapore

1/ Capital:Downtown Core

Is a 266-hectare urban planning area in the south of the city-state of Singapore. The Downtown Core surrounds the mouth of the Singapore River and southeastern portion of its watershed, and is part of the Central Area, Singapore's central business district.

2/ Country:Singapore

Officially the Republic of Singapore, is an island country located at the southern tip of the Malay Peninsula. It lies 137 kilometres (85 mi) north of the equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands.

3/ Property for sale in Singapore

Singapore is an island that features world class dining, shopping, hotels, parks, gardens and entertainment among its many attractions. However, in recent years it has earned the dubious distinction but rather unfounded reputation of offering its visitors only two alternatives, eating and shopping.

Although Singapore has a small land area, sub-markets have evolved over time as a result of location. For example, the residential districts of Bukit Timah, Holland Road, Tanglin district and Orchard Road can be considered as a local market within the residential market in Singapore. Raffles Place is generally regarded as the prime market for office space while Orchard Road is the prime location for retail space.

Singaporeans can expect an expansionary Budget next year, with measures to create jobs, generate growth and cushion them from the worst effects of an economic slowdown.

The Government is likely to bring back some of the public-sector projects that were deferred since last year, because the booming construction sector was facing shortages in labor, building materials and equipment.

Now that the housing market is slowing and property prices are falling, this could free up some of the capacity in the construction sector. The Government 'will do all he can' to minimize the worst effects of the weak economic growth.

Singapore's growth this year is forecast to slow to around 3 per cent.